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Thank you so much!!!
Thanks xxx
Ummmm.
I'm trying! My efforts are probably a lot more effective than politicians who fly here and there and use a lot of jet fuel and probably emit a lot of hot air while doing so.
http://wattsupwiththat.com/?s=medieval+warm+period
Ray @ Renewable Energy TV
http://renewable-energy-tv.blogspot.com
2. China Multimode Logistics/Freight Forwarding/Transportation (Sea + Train + Truck + River Feede
3. China international transit transportation/shipment
4. International Sea/Air logistics
Co2 is not causing any heating of the planet. The suns activity controls it all. When the suns activity heats up the planet, the oceans are releasing more CO2 and we see a rising level of CO2. When the suns activity cools the planet more CO2 is "eaten" by the oceans. This cycle has been going on for milions of years. Cold water holds more CO2, hot water holds less CO2. The oceans are constantly "eating" CO2. The oil and gass we use today have been "eaten" by the oceans milions of years ago.
We have today about 390ppm CO2. 200 years ago we had about 280ppm CO2. Without ouer current level of 390ppm we could not feed todays population. Food production would have been about 14-18% lower with a CO2 level of 280ppm.
I hope we can get CO2 levels up to about 450-500 ppm. In 20 to 30 years time this will be a presious raw material. We will make fish-food, fuel and building materials from
CO2.
When this fact is understood by the stupid majority, it will cause the down fall of UN. UN today is a corupt organisation.
Perhaps the goverments should try legislating against volcanos.
Those who lose their jobs permanently, due to the diversion of money to high oil prices will be the most hurt,
As covered by on subscriber, it's the byproducts that will affect us much quicker, lubricants being a primary one, greases etc. and then the biggest as I see it is plastics. Every gadget, packaging and interiors of our transport vehicles (aircraft, trains cars) are using plastics, the majority of plastic types come from oil. I am under correction, but we have only made a few types of plastics artificially without the use of oil byproducts. So goodbye to cell phone covers, laptop covers, LCD and plasma screen covers, MP3 players, canopies and windows of aircraft etc etc. the list goes on. I believe we will see the chaos long before the last drop of oil. If we look at serious world events in the past we always seem to wake up at the eleventh hour as generally mankind procrastinates far too long before a reaction is made. The Y2K bug is a recent example just in our technology sector.
Hrmm, nope. The meek will never inherit the Earth. Whomever controls the next source of power will. And the cycle will continue. It's human nature. Sad, but true.
On that note, you might be interested in http://seekingalpha.com/article/140546-the-price-of-oil-parasite-economics-explained
How often does Copley write?
China will push back against, and has the Australian economy under its whim, that the US will have problems convincing Kevin Rudd that any expansion in Western Australia is a go.
It is Copley's Kissinger-like militarist-geo-political-economic view of the world, forced by his narrowly-focused education -that are his perspective-blinders. If Copley lacks having read something for a clearer view of what it is he is pretending to understand, it is the more dated views of the older texts he has over-looked, and, even the ancient views.
The Roman Empire did not end when Caesar was slain.
The reality with which we all must contend is infinitely complex.
Copley fails in the typically empirical fashion of today -to account for and place his view against this overwhelmingly-complex-backdrop-of-reality against which all such views, and especially such dated-views as are his, must be always and will always eventually be placed by events as they unfold for these common alchemist-like pundits.
There is no equation that allows anyone to predict the future, except as we might say that it is impossible to predict. That we know for sure.
When Copley's far too eloquent views are thus viewed -against this massive backdrop of complexity-, it is clear, he's but a common empirical-shaman predicting a future for which his modest comprehension of the infinitely complex reality that undermines all such predictions lags far behind the entropy of our endless surprise about the future -as it unveils itself- unfettered by the antics of such prognosticators and fortune tellers as abound in every era.
Read more dated predictions of the past, Mr. Copley, to better understand your own predictions. You are in the company of rank fools.
Don Robertson, Limestone, Maine
A leadership that will impact on the reality and get results is of utmost importance here. The South Korean example is a justifiable one.
Incidentally this leadership is zeroing down to one person at the moment.....The Ex-military president. Only him will achieve the Korean model.
Is that liberal battle cry I hear.......
Nope just a tool for the left....
Shall we dicuss climategate, you know the liars and frauds at Anglia CRU, or the liars and frauds at the IPCC....how much money did algore the warmageddonist make of selling CO2 credits.... Or how about Bristol University statement " There has been NO percentage increase in the CO2 in the atmosphere in the last 150 years.....
No we can't talk about that.....just dead ducks
Reparations are in order...
Europe owes Canadians massive amounts of reparations for the dastardly work of their forefathers. This article is simply a smokescreen to detract from the secret discussions ongoing concerning the monetization of historical European cultural development excesses.
By introducing a gradually increasing tax on land values and simultaneously taking it off personal incomes the situation could be saved. The price of real estate will fall, the speculators have time to get out of it, the savers time to learn tht their gradually withdrawn liquid assets should be better invested (this time) in industry, not housing or land-value, and the lower production costs due to lower land prices would allow unemployment to cease.
TAX TAKINGS NOT MAKINGS.
Truly revolutionary, cost-competitive, energy breakthroughs are on their way.
Rowan University published experiments demonstrating excess heat. The only explanation appears to be a new source of energy: fractional Hydrogen.
GEN3 Partners advise Fortune 100 firms. They have reproduced the experiments.
A barrel of ordinary water becomes the energy equivalent of 200 barrels of oil!
BlackLight Power states they will demonstrate small prototype power plants this year. PacifiCorp, Conectiv and four small utilities have agreed to purchase more than 8,000 megawatts of electricity.
Our own, very different, fractional Hydrogen technology is aimed at cost-competitive automotive applications.
One gallon of water might fuel a hybrid car for 1,000 miles!
See: Love Affair with Autos Allows a Seductive Alternative - on the website -
http://www.aesopinstitute.org
That article includes even more difficult to believe magnetic generators. These will replace many types of batteries, including those needed for electric vehicles. No recharge required.
Both technologies will allow cars and trucks to become power plants when parked: No wires necessary.
Vehicles will be able to pay for themselves!
Once convincingly validated by independent laboratories, these almost impossible to believe technologies will change all of our conventional assumptions about energy, cars and oil.
A 24/7 development program could make that happen faster than might be imagined!
It is only recently that Rowan published their experiments.
Our own work suggests that fractional Hydrogen can be in mass production for hybrid vehicles within 5 years.
Faster, with 24/7 development!
To the surprise of many, there is no violation of thermodynamics involved in fractional Hydrogen. It is simply new science.
That said, until more laboratories convincingly demonstrate that fractional Hydrogen is real, it is understandable that it will not be believed possible.
Experiments are always much more important than theory. Two labs have found excess heat. The details have been published. Let more experiments be done. The National labs would be an excellent venue.
The late Dr. Robert L. Carroll, a mathematical physicist, first mentioned Inverse Quantum States. His 1990 paper with that title begins: “Quantum theory as applied to the atom stops far short of its goal. The philosophy that the least quantum state of an electron in orbit is unity excludes an infinity of possibilities”.
Randell Mills has pioneered technology based on energy released as the electrons of Hydrogen atoms are induced by a catalyst to transition to lower energy levels (i.e. drop to lower base orbits around each atom's nucleus). Ronald Bourgoin, once a graduate student of Dr. Carroll’s, showed the general wave equation predicts exactly the 137 inverse principal quantum levels Mills claims.
The late Arie De Geus’s published patent application claimed a unique energy production method, based upon utilization of fractional Hydrogen (f/H).
Our own work leads towards remarkable energy conversion systems that utilize Energy from Collapsing Hydrogen Orbits - ECHO.
In engines or fuel cells, Hydrogen is normally burned. It has been demonstrated that hydrogen atoms can release an enormous amount of energy without burning, just as Dr. Carroll earlier suggested might prove possible.
However, until we can demonstrate that a hybrid car can travel 1,000 miles on a gallon of water,skepticism and disbelief is to be expected.
My guess is that will take perhaps three years without a 24/7 development program. How much less it might require if the work proceeds around the clock is anyone's guess.
An example is room temperature Ultraconductors(tm). These are polymer equivalents of ambient temperature superconductors. They have been the subject of four successfully completed Small Business Innovation Research contracts: A Phase I and a Phase II with the USAF and a pair with what is now called the Missile Defense Agency. Almost 1,000 samples of these materials were independently produced for the Air Force by another firm.
Our work with fractional Hydrogen technologies only began early last year, although Dr. Carroll, mentioned above, worked with us for 12 years (and predicted a path to room temperature superconductivity back in the 1960s). We have followed Randell Mills work since it was first publicized in the early 1990s. Dr. Vladimir Noninski, skilled in calorimetry and a friend was invited by Mills to visit his lab shortly afterwards and measure the excess heat. He did so and then repeated the experiment at the Brookhaven National Laboratory. Both experiments resulted in published scientific papers.
Given the hundreds of billions of dollars supporting scientists in pursuit of hot fusion - with little in the way of practical technology produced to date, we are quite proud of what has been accomplished on a relative shoestring.
You jump from one fantasy to the next each time claiming the the current project is months or weeks away from independent validation and/or production. It's never happened. The safest bets about Mark Goldes are that the current 'technology' will never be validated, much less produced, and that he'll jump to another free energy con within 24 months.
Please readers, a little Internet searching will show this nonsense for exactly what it is...
We have urged additional independent laboratory tests of fractional Hydrogen and I have repeatedly stated that it is easy to understand disbelief in any energy claim that cannot provide independent laboratory validation. National laboratories are excellent venues for such tests as is EarthTech International.
The need for alternatives to oil and coal is far more urgent than is generally realized. As this website has recognized, a sharp increase in the price of oil is a probable event in the not too distant future. That would be catastrophic for the world economy.
We continue to develop radically new energy systems and expect they will make important contributions that will surprise skeptics.
Those who stare at caterpillars and are ignorant of the fact they often evolve into winged creatures - that might never have been suspected from watching them crawl along the ground - have an analog in those who make such comments.
Radically new technologies often take a long span of years to ripen into practical products. There are many paths along the way that prove to be dead ends. But, room temperature superconductivity, fractional Hydrogen, magnetic generators, both solid-state and mechanicsl, that convert ambient energy - and others are all moving toward markets. Much more slowly than we would prefer, but perhaps in time to help ameliorate a sharp upward spike in the price of oil that might cause an economic catastrophe.
Within 5 years electric and hybrid cars may demonstrate a dramatic energy revolution.
See the article The Love Affair with Autos Allows a Seductive Alternative - on the website: http://www.aesopinstitute.org
It provides an outline of how future cars might become power plants and pay for themselves, by employing remarkable new technology.
Visualize electric cars that will need no recharge and hybrid automobiles that will use ordinary water as fuel: One gallon may prove sufficient for 1,000 miles of driving.
Of course, these statements are almost impossible to believe.
Yet, as the article indicates, this new science has begun to be validated by independent laboratory experiments.
Rowan University has published experiments that produce excess heat which can only be explained by a new source of energy: fractional Hydrogen.
GEN3 Partners, advisors to Fortune 100 firms, have reproduced the experiments successfully.
Until additional validation is widely accepted by scientists, these incredible breakthroughs will be rejected.
However, imagine the implications! Sales of cars and trucks will bring the auto industry back to life.
One of our competitors, BlackLight Power, plans to demonstrate prototype generators this year. They expect to produce megawatt plants by 2012. Six utilities, including PacifiCorp and Conectiv, have agreed to purchase more than 8,000 megawatts of electricity at a cost close to a penny a kilowatt hour.
Once generally accepted, this will totally change conventional wisdom about energy.
It could end any interest in uranium or thorium powered nuclear plants.
The fuel for fractional Hydrogen is water!
The challenge is to accelerate development of all renewable energy systems that can be implemented fast enough to matter.
24/7 development programs could bring about an energy revolution that will restore the economy!
.
It reinforces the point that China’s economy is completely dependent on exporting stuff to the West. Something has been happening the last few years --- the domestic component of the economy is grabbing the attention of Beijing. They are working now to boost the spending power of domestic consumers. Little known to alot of Western commentators is that China has more than 800 million rural folks and farmers who did not benefit / have been left out of the first phase of China’s economic lift-off of the past 30 years.
The government is just starting to empower and enrich the villages. The second wave of the Chinese economic boom will focus on the rural folks. If the first wave of 200 million urbanites getting rich is shaking the world, imagine the impact of the second wave. This wave will easily last more than 30 years.
Also,you could take away electricity from most of China's population and they would resume their morning activities while burning used paper to cook their breakfast.
If you took away cable TV from Americans,they would riot and fall into disarray.
A blind man can see that the US is rapidy collapsing and our military/national policy of stealing oil is proof of our need to secure energy when our currency becomes that which can be burned in a fire to cook our breakfast!
The USA needs to focus internally for at least the next 50 years and get their own house in order before telling the rest of the world how to manage theirs. The chinese ascendency appears to be unstoppable and it will be interesting to see how the Zionist's attempt to gain control of china.
*BBG IS THE ONLY ANSWER FOR ALL!
*..... BETTER BUY GOLD!
I am inclined to believe the comment by 'Bleak' as being a more realistic assessment.
Israel has a democracy while these other countries have kings.
why does egypt have a wall? Answer that.
Truth is that all the arabs hate each other and kill each other. Look at gaza, lebanon after the war. Can't blame israel for that. Look what happened when Israel gave back Gaza.
Come on. Israel would take peace anytime. Everyone is against them. WhÝ wouldn't they want it.
People are generally morons.
Your article proves that.
EU would be lucky to have them. The EU and UN are a bunch of scum.
EU would lose the its core character if Israel joins EU. Even the thought of that is revolting.
He wasn’t the first to think of that idea. Javier Solana, the European Union's foreign policy chief said last year that his organization's ties with Israel are stronger than those with candidate country Croatia:
“There is no country outside the European continent that has this type of relationship that Israel has with the European Union.
"Israel, allow me to say, is member of the European Union without being a member of the institution. It's a member of all the programs of the union, and participates in all of them. And I'd like to emphasize and underline, with a very big, thick line [that Israel participates] in [helping us deal] with all the problems of research and technology, which are very important."
"I am sorry to say, but I don't see the president of Croatia here," Solana continued, referring to Stjepan Mesic, who is also attended the three-day conference.
"His country is a candidate for the European Union, but your relation today with the European Union is stronger than [our] relation to Croatia.” The EU and Israel have committed themselves to establishing a partnership which provides for close political and mutually beneficial trade and investment relations together with economic, social, financial, civil scientific, technological and cultural cooperation. The Action Plan concluded with Israel has an objective to gradually integrate Israel into European policies and programs. Every step taken is determined by both sides. There is also a financial assistance element to EU-Israel cooperation - Israel is eligible for €14 million in European Community financial cooperation over the next seven years.
http://israelfinancialexpert.blogspot.com/2010/02/is-it-possible-that-israel-will-join.html
But many of us aren't all that excited about joining the EU, your economic policies are frequently no-growth and little future investment.
The star of the story is fractional Hydrogen. Our own firm is developing automotive applications.
Using fractional Hydrogen, one barrel of water becomes the energy equivalent of 200 barrels of oil.
It appears the hybrid cars powered by fractional Hydrogen might travel 1,000 miles of a gallon of ordinary water.
To see one potential sequence of applying revolutionary green energy technology in the automotive sector, read about the Love Affair with Autos at: http://www.aesopinstitute.org
This work appears to be accelerating. My personal goal is to see it develop on a 24/7 basis.
That might help to avoid a rise in the price of oil that could lead to economic catastrophe.
Commodities - like other products of nature - rightfully belong to all of us. The results of productive activity (drilling oil, refining it, distributing and selling it) belong to the producer. Tax the first 100% and untax the second. Speculation will vanish because it will be taxed away (we could hold an annual auction if no experts can be found to reliably price oil). Companies won't sit on valuable land waiting for the price of oil to go up before drilling. Oil - and every other commodity - will achieve rough equilibrium (oil going from $147/barrel to $35 in a single year, when the demand varied maybe 5% is absurd). Governments will be funded (oh, we should also tax the abuse of nature - air, water, land pollution), and true producers will be rewarded for their labor.
This Geonomic, or Georgist, solution has stood the test of time (130 years) and has worked everywhere it has been tried - that is, until greedy speculators overturned such measures).
Best regards
Shipper
Small amounts of ordinary water will become a major fuel.
The article titled Hydrinos at www.american-reporter.com/ is a good place to learn why.
The story is about fractional Hydrogen. Our firm is also developing this almost unknown, new source of energy.
The goal is powering hybrid vehicles. A gallon of water is expected to provide 1,000 miles of driving.
We call this ECHO(tm) - Energy from Collapsing Hydrogen Orbits.
ECHO makes possible SPICE(tm) - A Self Powered Internal Combustion Engine.
To learn more, see: www.chavaenergy.com Look under the heading how?
There you will also see other revolutionary technologies that promise to replace oil.
Two independent validations of fractional Hydrogen have taken place. More will help to increase acceptance of this hard to believe new source of energy.
One barrel of water will replace 200 barrels of oil!
Hybrid cars and trucks running on ECHO, along with other revolutionary technologies, once they are thoroughly validated, can become power plants when suitably parked. No wires needed. The vehicles might pay their way by selling electricity to the local utility!
Who will not want such a car or truck?
A 24/7 development program can move this remarkable alternative into the market rapidly - and perhaps help to avoid the sharp rise in the price of oil that is here suggested.
First of all, there are many reasons that China is hip deep in dollar debt. Not the least of them being that they need America to get back to the consumption levels it was at in 2007. China is still at least a decade away from having a large enough, and wealthy enough, middle class to support its self.
Second, the current administration is far from a Leftist government. Most of its policies are nothing more than carry overs from the previous administration. While it did manage to shove through a 'stimulus', it has been far from effective in anything else, for or against China. Obama can show whatever he wants to China, but the administration can do nothing to really back it up, and China knows it. Furthermore, an alliance with China, as of late, is political suicide. No one in America wants to be seen with China too close to them. I understand that there are many here in the States that are too close, but that is another commentary.
Third, Russia is down, but not out. Russia/China relations have always been strained, at best. The only reason that Russia is playing nice now is to try to get themselves back into the Super Power position they once held. China knows this as well. Once the timing is right, their pact will falter. This is why I don't think that China is going to actively recruit nations into any kind of pact, especially with Russia. Pulling apart a pact with other nations involved will make it difficult for either country to get things done, and may even lose some to the West, something that neither wants, for certain.
Finally, regardless of their resources, no one (China, Russia, or the US) wants a Middle Eastern country under their protection, implied or otherwise. None of them are stable enough, with themselves or their neighbors, to give them that kind of protection. They could be quickly dragged into WW3 by taking that on. Not to mention how a pact like that would embolden Iran to make moves that no one wants to see happen. The US is in too deep with Isreal. And with Isreal/Iran dialog constantly escalating, while it might be fun to thumb their noses at the US by allying with Iran, the responsibility is too much for either to really bear.
We are developing a method of using the waste (fuel rods) to generate electricity without needing to move the rods away from their present locations.
If it proves successful, and it does appear that it will, this is a far more practical, elegant and economic solution.
It will also end any need to build new nuclear power plants.
Is there something wrong with my brain? Seems more likely about 110 yr. (calculator not at hand)
The desire to build new nuclear plants may soon fade away as it appears we have invented a way to utilize the fuel rods that have been removed from reactors to generate electricity at highly competitive cost.
Prototypes need to be constructed and tested, but the theory appears sound.
This is an elegant solution to the problem of nuclear waste. It will not have to be removed from where it is today.
It also is likely to produce cost competitive energy as well as a large number of well paid jobs.
In 1926 Hans Coler demonstrated a magnetic generator, tapping a new source of energy to German University professors. Werner Heisenberg, a Nobel physicist. stated the following year: “We could utilize magnetism as an energy source”. In 1937 a 6 kilowatt version was shown. The German navy later supported the work. After WWII, Coler was the subject of a Report by British Intelligence, which was declassified in 1980, and is available on the web.
Promising magnetic power generation prototypes, with and without moving parts, remain the subject of many years of Chava research and development. These devices convert ambient energy never before commercialized. They will understandably remain difficult to believe, prior to evaluation by an independent laboratory. Following completion of development and validation, commercial production will be on the horizon. An early goal will be to demonstrate the ability to eliminate the need to plug-in, a plug-in hybrid.
Replacement of batteries, including those utilized in electric vehicles, will follow.
These generators do not need to utilize neodymium, another material that is expected to have serious supply problems.
Where is all the lithium needed for fusion reactors coming from?
Ray @ New World Solar
http://newworldsolarpower.com
Researching how to make your company, product, or next project more Green? Go to www.greencollareconomy.com for sustainability white papers and the largest b2b green directory on the web.
It would appear our elected leaders are once again spinning a yarn, you paint a bleak picture. Without incentives to companies spending billions of dollars on new technologies in locating and extracting oil from the North Sea to continue doing so, we shall become a third world country.
The onus lies with the elected goverment officials and advisors to perform better.Clearly the party's over now we've got to clear up the mess.
Its reaction will determine in large measure whether Asia repeats the awful bloody history of Europe during the 20th century or – as we sincerely and profoundly hope – shows it is possible for two economic giants, living in close proximity, to find a way to co-operate and complement, rather than destructively compete, with each other.
unquote
I opine , based on my own understanding as an Indian and one who has closely interacted with Chinese in China at various levels over the last decade, the chances of complementing each other while contesting each step on the way forward .. is imminent. Mutual respect , though grudgingly accepted , will egg each on.... never at moment of peace , always looking over each others shoulder, if one slips the other immediately takes advantage , to reluctantly accept with consternation.
The big thing to watch out for is if the public demands big government to step in and save them through all the up coming chaos, there is a potential that they could force everything to a cashless/electronic system to better control things, and make barter, including trades/purchases using precious metals, illegal, causing the demand for such to go way down. That would have the effect of killing a rather large chunk of the precious metals trade as a lot of investors would no longer to "waste money" on something "no longer of value".
Most of the infrastructure is in place, just waiting for the proper crises needed to gain public acceptance of the system. In other words, they are trying to do an end run around investor's fears about confiscation by the government, by making it far less atractive to a larger part of the public.
E-Trade, E-Banking, Fiat base, and others would seem possible. However, the longevity seems a lot shorter than supposed. I look to 1-2 years at most, too many pressures, and not enough substance for investors, etc.
Business as usual doesn't allow the theft level enjoyed by the present systems, causing my skepticism.
Might only last a matter of days or until the people find out about its true worth...
Maybe.
And now we're gonna have e-money. Digits on a computer screen. You won't even be able to burn it to stay warm. A silver quarter still buys a gal of gas or kerosene just like it always has, and always will.
The announcement this week concerned an award to TPIC, the foreign exploration and production unit of state-owned Turkish Petroleum. TPIC, along with Halliburton and Weatherford International, is also bidding on a separate contract to drill another 56 wells in Rumaila, according to news agency reports."
And the Iraq war wasn't about oil......right.
Now an arguement could be made against deals with wind companies where they are sheltered from the consequences of lower than expected production - it would depend on whether the losses from this practice are enough to outway benefits from this form of energy. Frankly, if you are not going to have a market driven system from start to finish then the parts which are controled by the government need to take the interests of the people into account. In addition to the direct price of energy, factors include, the over all price of fossil fuels (which could be lowered by renewables and affect both the economy and security) and air quality.
Wind is far from my favorite energy source and all renewables should be able to function without large government subsidies but when fossil fuel electricity producers have transmission lines run right up to their door because of government funding they hardly have a right to whine about others getting this also.
5 days = 100 million barrels
50 days = 1 billion barrels
4.3 billion barrels buys us 260 days supply. Give or take.
Expensive. Low EROEI
I would invite interested readers to review, not the claims of the "oil industry" or the prognostications of "experts", but the historical data on production and consumption to see if you can spot any "peaks".
The British Petroleum Statistical Review is hardly a left-wing, enviro-kook publication. Rather, it is a careful compilation of oil industry statistics put together by one of the largest companies in the business.
These data can be reviewed in a series of interactive data graphics at the Energy Export Databrowser:
http://mazamascience.com/OilExport
Even a quick review of nations like Indonesa, Egypt, the UK, Norway, Mexico, Argentina, ... will demonstrate that peaks are a phenomenon, not a theory.
What about the US and the nations we import from? Poke around the databrowser and answer these questions for yourself.
This cornucopian 'thinking' is the main reason why we are entering the greatest crisis the human species has ever encountered. Watch Chris Martenson's "Crash Course" on the web for a very detailed analysis of our predicament.
The stale old Peak Oil arguments go all the way back to the early 1900s. He is correct that we have burned far more than total reserves were believed to be -- over and over.
There is indeed a crisis that we are facing, but it has nothing to do with global warming doom or peak oil doom. It is something much more dangerous.
So you are a denialist of the Theory Evolution, Anthropogenic Climate change and Peak oil. Nuff said! BTW, "Theory", in science, doesn't mean what you seem to think it means.
The 8 billion barrels in the much touted Tupi fields will not make a dent in the 30 billion bbl/year global oil demand.
The article author is long on wishes (or agenda), but comes us short on analysis, at least for this article.
Good luck Mr. editor. You will need it
And evolution is just a theory? We need to send you back to high school ...
2: Shale oil, is NOT light sweet crude, by any stretch of thee imagination. It is difficult and energy intensive to extract, and will not bring you $16/barrel oil. More like $216 !
3: All the major oil fields in the world, including Gawar in Saudi Arabia, are in decline.
4: Remember the October stock market crash of '08? It directly followed $120 a barrel oil. Why was there $120 a barrel oil? Because demand was outstripping supply. You can expect a series of oil shocks over the next few years, assuming the economy can even survive it a second time!
5: Yes, the government is probably shall we say being "economical with the truth". The government doesn't yet openly admit or discuss peak oil. Why is this? Because, there is no real solution to peak oil, unless you plan to exterminate around 6 billion people.
6: I see little math in this article to back up your centuries of oil production claim.
7: If the world is "awash with oil", why has Russia already staked a claim on the Arctic, because there MIGHT be oil there. Why does the US want to drill in ANWAR. And why is the possibility that Iran (a major oil producer, near other oil producers, i.e Saudi Arabia) might be building Nuclear weapons such a problem?
Because, we are ALREADY running seriously short on oil.
Les
There's no doubt that we are approaching a Peak Oil problem that cannot be allayed without more vigorous alternatives, but the point of the article: Is it a "crisis?" One commenter blows things out of proportion by stating we need to find a Saudi Arabia oil field every two years, why? Do we use that much? Another commenter says "Once you spend a kiloJoule of energy to extract a kiloJoule, it's no longer a resource." Really, unless you double your money on it, and what is it I'm burning in my car? Another says I haven't debunked anything because I talked about running out of oil instead of Peak Oil specifically. Where do you get your numbers from?
Other commenters like Will are reading into the article what they wish, like "the Bakken Fields as proof that peak oil will not be a near term problem." No, there is no one thing that will do that, as the article states. But that's why the article is so lengthy, to give a sampling of the dozens of finds and technologies and new methods that reduce a "crisis" to a phenomenon. No, the Tupi field will not make a dent in world demand, but will five Tupi fields? Any assertion that Tupi will not be enough is no less likely than finding 20 or 50 more Tupi fields.
Several commenters get upset when you pick on their favorite Theory and suggest it may not be fact, then dismiss the entire article because it too is suggested to be a theory rather than a crisis. A little short on logic aren't we? If you can't rebut, just label them to dismiss them, right? Do you just post to show your frustration? Might it be that Global Warming is just another phenomenon that happens every 50 or 100 years or 200 year cycles? All the supercomputers in the world can't count all of the presumptions they made for input into the fastest supercomputer to compute an answer within 300 years for the Global Warming Theory. And you view this answer as fact?
We know intuitively that Darwinism can accomplish some things, but not others. I have no problems with the evolution Darwin originally proscribed in biological science, e.g., bacterial resistance to antibiotics, but when the ape came out of the swamp, and they started teaching this to my children as fact in science, that became an attack by Humanist ignorance (or design) against me. Elephants do not evolve from rabbits. As an extension of the Big Bang theory, and Old Earth of 4.5 billion years, also purported by the Evolutionists, unsupportable; completely outside the field of biology. The evolution of man, Old Earth, zero evidence from the Evolutionists, all a myth, easily refutable from the geologic record or fossil record. Then they go on to say that Noah’s Flood is a fable or myth, which tries to make the Bible false, and becomes an attack on foundational and religious beliefs with a theory that is more myth than science.
While the original biological evolution by Darwin has its uses, I'm surprised the Evolution of Man is still debated; call any scientist at any of the top 100 universities in the world and ask them. Use your cell; I'll wait.
I don't think that we will be able to meet the resource demands of growing world populations and the inevitable increased standards of living which the developing world is striving to achieve.
I do think that people like ther person who wrote the above article who attempt to assure others that there is "no crisis" are exacerbating the problem. The longer we put off dealing with the consequences of oil demand outstripping supply, the worse off we will be as a species.
"...when there’s a profit to be made, people get industrious and get up to speed quickly."
Well, there's infinite profit to be made from artificial intelligence, teleportation, faster than light travel and a drug that would keep you youthful forever. Haven't seen any of these yet though.
Some problems are just harder than others.
Don't expect magic solutions to happen on schedule because people want them too.
Microbial fuels will begin to hit the market within 10 years, and likewise extend the life of liquid fossil fuel reserves.
There are persons who have devoted their lives to doom of one type or another -- peak oil doom, climate doom, whatever. It would break their hearts to discover how much of their lives they have wasted.
But problem-solvers will continue to solve problems and find ways to get at needed resources, or find substitutes for needed resources that have become too expensive. The motivation of a problem-solver is completely different from the motivation of a doomseeker.
Try reading the note that I just submitted to this Forum called Happy Anniversary to OPEC, especially the final paragraph, and don't forget the long chapter on oil in my new energy book..
. As for this gas thing, some very smart people say that a large part of that is hype. Maybe it is and maybe it isn't, but the evidence that we need is not yet available in the right kind of package.
In regards to the maritime boundary dispute between Ghana and Côte d’Ivoire that erupted this in March 2010 that has been said by OILPRICE.COM to casts doubt on future international oil claims near the contested area and raises questions about the reaction of foreign investors to the uncertainty.
Speaking to EBC 1 journalist on the above issues, Dr Bonny Umeadi, the inventor of Oil and Gas pipeline Integrity monitoring Technologies stated that; [visit this link]
http://www.allvoices.com/contributed-news/5534067-ecowas-oil-and-gas-commission-suggested-to-deal-with-ghanacote-divoire-border-dispute
Having 100k in cash and 100k in credit are two completely different things. There is NOTHING to stop the federal government from dropping money into people's bank accounts indefinetly, they have done it in the past with Katrina debit cards and Bush $600 checks. What you do not seem to understand is, in an electronic money age, where the government is on the hook for 50 trillion of liabilities they have every intention of "inflating their way out". Its simple, the treasury can issue trillions of new bonds and the fed can buy all of them. Or the fed can come out and buy anything and everything with freshly printed dollars, look at what they have done with mortgages and commercial paper. Issued 2 trillion in new $ instantly, you think they will not issue another 10?
Mish was only correct over the initial 2008 crash, but that is not deflation. Hes been dead wrong since, treasury yields are rising, gold is rising, oil 80+ IN THIS ENVIRONMENT???
Why hasn't America got a long term energy policy that promotes local energy production. You have the technology.
But it is better to run around the world with a huge military machine placating clowns like Chavas, crackpot muslims and others.
Congress seems to be non-functional and does not give a damn about the average guy. It's all big business and lets keep that confusion/spin going.
The commitment of the US military to Afghanistan is insane. I can however understand why Swedish soldiers are in that country. It is to make it possible for the Swedish foreign minister - and perhaps some of his colleagues - to obtain highly paid international jobs. They have as their model the Danish prime minister, who was rewarded with the chairmanship of NATO as a reward for sending Danish soldiers to Iraq..
But even so, they could be correct. If you have studied any amount of game theory you know that the telling of lies - and in some cases outrageous lies about the future availability of oil - is now standard operating procedure. Moreover, there is a logical reason for the oil producing countries to claim more reserves than they actually have: the point is to convince oil buyers that while oil prices may occasionally escalate, there are sufficient reserves in the crust of the earth to reverse the situation...in due course. Some oil companies do the same thing, and both OPEC and the majors make a point of insisting that peak oil is a chimera. Only TOTAL does not go along with the anti-peak oil fantasy
I feel it necessary to report that I don't have any reason to believe that the people who wrote the report referred to by Darrell Delamaide are more competent than the persons who accept the existing figures for OPEC reserves. Some years ago a well known American academic told me that Saudi Arabia was in the process of greatly expanding its reserves, and I not only told him that he didn't know what he was talking about, but challenged him to a public discussion on this topic. By the same token I am not aware of any reason to shout to the house tops that we are being deceived by the reserve figures supplied by OPEC or the International Energy Agency. You see, the Smith 'experts' are not primarily energy people: their specialty is environment. And in addition, their belief that freight should be transported by airships instead of conventional means does not sound right to this teacher of applied and theoretical economics. No, it doesn't sound right at all.
I suggest that we wait a while before we accept the new Oxford estimate of OPEC reserves. We don't want our political masters to make any mistakes on this important subject.
Very interesting information.
Inflation is happening also, in the consumables we buy- so we are losing from both sides. The Wall St. driven rally will end badly as main street consumption (70% of GNP) continues to contract, and the gov. tries to replace it with their (our) future tax dollars.This is not sustainable, but the public will reelect them and that's all they care about.
Is this the same staff that approved of this article which contains elements of racism?
Those who have nothing have plenty to lose: thier families, their hopes, their culture. Furthermore, radicalization tends to be more often among those who are afraid of losing their power, because they have constructed a paradigm of value based upon heirarchy. Remember also that most 'radical' groups in the world were financed, armed, and managed by western wealth.
Good Luck.
What do you make of the article on the Gulf of Guinea? Is this a forewarning of the next major regional conflict currently being prepared by US-EU-NATO? Special forces are already on the ground; advanced miliary technology is already in the region. Millions of Africans in the coastal states around the Gulf of Guinea await their fate as prisoners, refugees, or corpses. And, if the rest of the world is told anything by its media, the geopolitics will be concealed in stories of ethnic, sectarian or regional conflict. There are times when one feels ashamed to be a citizen of affluent western society.
The Russians killed the Aral sea, so I wouldn't trust their big hydrological schemes.
I don't have a dog in this fight, just seems the article isn't clear on that point.
I can't attest to the merits of the case, besides what I have heard and read, but, there are at least two former FSB agents documented, one of which is dead now, suggesting that at least some of the terrorist events were staged by the FSB as a pretext for invasion. That certainly can't be said for all of the terrorism that has occurred but, it is a question that needs to be definitively answered.
I wouldn't be at all surprised if there wasn't Georgian support for the Chechen cause given their strained relationship with Russia. Or any other state for that matter who has a security interest in seeing Russia's status diminished.
In a similar way, it would be wrong to say that the true cause of any of all the Israeli-Palestinian conflicts, wars or intifadas are anything else but the Balfour Declaration in 1917.
http://en.wikipedia.org/wiki/Chechnya#Caucasian_Wars
In short order,potential bombers will realize that they will be killing their brethren by donning explosives.
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As to the price of oil one of the big points herin is that the consumer is not the prime driver of demand, countries are. Another point about sustainability of price made by Mr. Banks in comments is also noted.
Playing this forward regarding oil prices will soon be effected by effforts to disuade Iran from their nuclear goals. Why? because this time in President Obama is correct Russia and China along with the other countries will include shutting off of both gasoline imports into Iran and buying of oil from Iran. If this is true oil supplies will quickly be increased worldwide beyond an amount that can be countered by speculating to the upside.
The FED needs to stay the hell out of the stock market. How can anyone possibly know true value from false, supported value?
Is it going to reach 90 this month, and 100 during the merry month of May? For all the good it will do, now I understand why President Obama gave the signal to start offshore exploration again. Lets hope that the decision makers are on their toes during the coming months.
It comes out of need and Romania follows it's own interests, energy security is among the biggest.
It remains to be seen who will finance the project.
Even so Nabucco is still on.
Canada is the single largest supplier of Oil to the US currently so just imagine what will happen to the economy when large volumes of Canadian Oil are being shipped to Asia.
Verner
The US' problems mentioned here (McMansions) are the result of shoddy contractors, but are nowhere on the scale of construction catastrophes that one sees in China.
The author would have done better by focusing on one problem or the other, rather than providing a mis-matched apples and oranges pseudo-equivalence.
By providing a false comparison, the reader is handed an exaggerated view of US construction problems and a somewhat whitewashed view of the ongoing Chinese disaster.
- Club of Rome,
premier environmental think-tank,
consultants to the United Nations
"We need to get some broad based support, to capture the public's imagination... So we have to offer up scary scenarios, make simplified, dramatic statements and make little mention of any doubts... Each of us has to decide what the right balance is between being effective and being honest."
- Prof. Stephen Schneider,
Stanford Professor of Climatology,
lead author of many IPCC reports
We need to understand the background to their green agenda:
http://green-agenda.com/
1-) Azerbaijani-Armenian conflict is still continuing and Russia couldn't or didn't want to change it. So instability in caucasus will be going on in the following years which jeopardizes Russian interests.
2-) Dependency works in two ways. As much as Turkey needs Russian gas, Russia needs Turkish money. And natural gas is not as much critical source as Russia thinks. After a cold winter , each and every European country would find a way to survive.
3-) Russia may have conducted some impressive actions in elections Ukraine, and central asia uprising. But those manipulations were like 1850's British foreign office way of manipulations. Which are nto supported by huge public support and more importantly , reversible. In the following two or three years the newcomers may go as they come.
As a result , this article shows very interesting and realistic points regarding Russian resurgence, but it over-estimates Russian energy card. Afterall Turkey is very close to alternative energy sources yet it's industrial output is two times more than Russia. So it is naive to think it as a sattellite state as this article refers.
according to CIA world factbook Russia's GDP per capita is 9 000 $ while that of Turkey 7 700 $. It makes Russian economy in absolute numbers 2,5 times stronger then that of Turkey, as well as 18% stronger then in Turkey as per capita. World bank fugures are approximatelly the same - you need just google for those data. Russian gas export to Turkey is miserable as compared to Russia-EU gas flow -so hardly Russia is in such a need of Turkish money as well.
Last year, the Russian army positioned itself just 20 miles from Georgia’s capital, Tbilisi—one hour on the highway by tank. Clouds are gathering: large military maneuvers, inflammatory media rhetoric, and a Russian veto in the UN Security Council that interrupted the work of neutral observers. The UN and the OSCE have packed their bags, leaving 200 observers, restricted to the Russian side. Pavel Felgenhauer, a military specialist based in Moscow, fears that the Russian military command will take advantage of the absence of observers in Georgia to concoct some pretext to invade and fulfill their fondest wish—to “hang Saakashvili by the balls,” as Putin threatened in 2008. (After all, didn’t Germany invade Poland in 1939 by trotting out two unfortunate Polish border guards, whom the Germans accused of “invading” the Third Reich?) Andrei Illarionov, Putin’s special advisor until 2006, shares similar apprehensions. It’s hard to know what to expect. Sergei Kovalev, an activist and a friend of the late Andrei Sakharov, dissuades me from trying to read the signs of the times. The Russian rulers are not strategists, he says; they settle their accounts day by day, attend to their own interests, and plan their gangsters’ business month by month and year by year. But the current heads of the Kremlin will never forgive the young Georgian leader his crime of pro-Western sympathies.
Should we be happy for Mr. Copley, did he become a little richer? Should we believe that he does not know the casualties of Chechen war and can not compare with any casualties inflicted by US to Saudis (where most of 9/11 attackers were from)? Can Mr. Copley name any city carpet bombed by US? How one can treat Chechen war and 9/11 on the same footing?
Answer - only when the one is biased.
I am not saying that Moscow deserved (and, for Mr. Copley's attention, no official had said that), but, comparing this two things and seeing no difference is a blasphemy I would say, If I would be believer.
Very interesting write-up.
Just one thing makes me a bit curious at the beginning:
... spurred investors rushing out of riskier commodities and into perceived safer assets such as the U.S. dollar. ...
Maybe some more detailed explanation could help there.
I am not so sure about 'gold' (physical) is a 'riskier'
investment.
We'll probably see, one day, a remainder people, who have some common sense left, will rush for the exit to fiat currencies.
Doesn't anyone of you guys read the Bible?
Gold is real, thus the bible uses it as type for God.
Silver is real too, that's uses as a type for redemption of Christ, the son of God.
Oil is real, used in the Bible as type for the Holy Spirit.
Read the Word, it's life! Time is short! Buy the heavenly Gold, Silver and Oil.
What a liers "analysis from GIS station Hargeisa and OTHER sources in the REGION" - faqash propaganda.
Oilprice please check what you publish, you don't have more intelligence than the CIA and the US government, they wouldnt host Silanyo if he was pro Al Shabab.
You insulting everyone that stand for democracy.
Yes, it is def from the foreign office minister who is suppose to be taking part in an "official meeting" in Addis Ababa with "major" European powers. That is the people we lost our wealth and blood for.
Somaliland system is just like the USA, so if this man was any good he shouldn't have worried being useful to the next government. Because he nothing but a time waster, he is fighting with tooth and nails instead to keep his gangs in government.
During the voter registration, KULMIYE and UCID were adamantly against any voter registration in Eastern Sanag and Sool regions. In fact, the chairmen of KULMIYE and UCID were qouted "We will not send our young enumerators to Sanaag and Sool.." This was a tacit approval of the terrritorial claims of neighbouring majertenia. This was in collaboration with INTERPEACE- The NGO contracted to conduct the voter registration in Somaliland. Therefore, how sincere is Kulmiye about the sovereignty of Somaliland?
On March 19, 2010, a high level Somaliland delegation arrived at Washington, D.C. on an official invitation of the United States government. Mr. Bashe Mohamed Farah, the second deputy-speaker of Somaliland House of Representatives and a high ranking member of Kulmiye party was a member of the delegation. As usual, the Diaspora supporters of Kulmiye decided not to attend the delegation's meetings with the Somaliland communities in Virginia-DC area, Minesotta, and Ohio.
It is worth to mention here that when the Somaliland community of Minesota organised a meeting with the delegation, Kulmiye supporters failed to show up at the conference hall. A kulmiye member of parliament, Mr. Omer Sanweyne, was visiting Minesotta about the sametime. The Somaliland community requested Kulmiye representatives to book Mr. Sanweyne at same hotel the Somaliland delegation was staying. Mr. Sanweyne was booked at a different hotel. Surprised, not all.